World
2022.03.03 06:00 GMT+8

The impact of removing Russian banks from SWIFT

Updated 2022.03.03 06:00 GMT+8
Gerald Tan

A number of Russian banks are now banned from the vital international payment system SWIFT. As Russia's military operations in Ukraine continue, a tougher sanction being discussed is cutting Russia off completely. Gerald Tan takes a look at the significance of that.

Check out The China Report, our new weekly newsletter. Subscribe here!

Copyright © 

RELATED STORIES